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Stock impact report

Mirion Announces Second Quarter 2024 Financial Results and Updates Full Year Guidance

Mirion Technologies, Inc. Class A (MIR) 
Company Research Source: Business Wire
Revenues for the second quarter increased 5.0% to $207.1 million, compared to $197.2 million in the same period in 2023.Net loss was $12.0 million in the second quarter, compared to a net loss of $28.4 million in the same period last year. Adjusted EBITDA was $48.8 million, a 10.2% increase from $44.3 million in the same period last year.Income (loss) from operations margin was 1.1% in the second quarter, compared to (5.4)% in the same period in 2023. Adjusted EBITDA margin was 23.6% in the second quarter, compared to 22.5% in the same period last year.GAAP net loss per share for the second quarter was $0.06, compared to $0.14 in the second quarter of 2023. Adjusted earnings per share for the quarter was $0.10, compared to $0.08 in the same period last year.The company raised its full year adjusted EBITDA guidance to $195 million to $205 million and reiterated its revenue growth guidance of 5% to 7% and adjusted EPS guidance of $0.37-$0.42.Signed strategic nuclear new build partnershi Show less Read more
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